They're taking away all my pension!

grey_gym_sock

gadgetmind wrote: »

Not counting our family home, we're 50:50 between pensions are non pension. This feels comfortable to me.

don't think i'd want to go that high. though i am a bit further off being able to draw anything (c. 40).

Mojisola

margaretclare wrote: »

I think the information available was, to say the least, patchy.

And people's attitudes were different. My mother asked for help from an advisor who was helping my parents set up their business. While most of his other financial advice was on the ball, he told my mother not to pay out on a full stamp but he was from the generation before them and his view was skewed by the idea that a husband should support his wife.

In later years when she knew better, she was very cross that she'd followed his advice.

Mojisola

margaretclare wrote: »

How did she find out 'better', Mojisola?

Having worked with many, many women over the years, I've heard this so many times. I was told, back in the 60s-70s particularly, that I should 'stay at home and allow my husband to support me'. People thought they had the right to tell us what we 'should' do!

Just as well I didn't. For the last 20 years of his life, 1972-92, he was on a downward spiral of declining health. I don't know what we'd have done.

Later on in life she started working in the council offices and it was recommended to all female staff that they pay the full stamp and they were told why it was a good idea. Attitudes had changed a lot by the mid 1970s, perhaps prompted by the union.

She had been given the original advice in the 50s by someone who had been born not long after the turn of the century! It was a shame because all his other financial advice was good.

Mum had always worked in some capacity, part time for some years but mostly full time.

gadgetmind

margaretclare wrote: »

I was told, back in the 60s-70s particularly, that I should 'stay at home and allow my husband to support me'.

I keep trying to tell my wife to go out and get a job, but it seems that she's too busy!

mumps

margaretclare wrote: »

Yes, attitudes had changed a lot by the 70s, that was why those of us who were active in the Women's Movement at that time lobbied for the 'married women's option' to be removed. One thing I can say I was involved and had a hand in, the other was personal individual taxation, which started in April 1990.


Maybe we're again in a time of transition.

But as has been pointed out before, you could have individual taxation in the 70s and 80s and probably before, you just had to give up the married persons tax allowance.

atush

gadgetmind wrote: »

I keep trying to tell my wife to go out and get a job, but it seems that she's too busy!

Good one Gadget, once you bought the daughter a pension, the writing was on the wall lol.